The deductions are documented on Internal Revenue Service Schedule C, which is filed with the small business owner's Form 1040. Workers' compensation premiums are only deductible when they are ...

The Income Tax Department officially notified ITR Form 1 on Wednesday — paving the way for taxpayers to begin filing their returns. The simplified form is designed for individuals and entities ...

There is no special federal day care tax form. H&R Block says most day care providers work as independent contractors, so you file taxes the same way any self-employed business owner does.

This was followed by notifying the ITR form 3 on April 30. Later, ITR forms 5 and 2 were notified on May 1 and May 3, respectively. These forms are meant to be used for filing income tax returns ...

The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment year 2025-26. The form includes separate reporting for capital gains. This is before and after July ...

As a millennial, it’s been a long time since I’ve gotten physical mail. I had no idea that my relative would have been ...

Introduction of Section 115BAC Forms ITR-3, 4, and 5 now require confirmation regarding opting out of the new tax regime and whether Form 10-IEA was filed in previous years. Going forward ...

WASHINGTON (7News) — A former DC-area attorney arrested shortly after returning from the United Kingdom spent several years falsifying tax documents and underreporting his income by roughly $1 ...

DANVILLE, Va. (WSET) — City leaders in Danville failed to approve a proposed utility rate increase, opting instead to potentially use gaming tax funds from Caesars Virginia to offset costs.

BATAVIA TOWNSHIP, Ohio (WKRC) — Voters in the West Clermont School District will decide on a proposed combined property and earned income tax levy on the ballot on Tuesday. If approved ...

NEENAH (WLUK) -- The city of Neenah's Common Council approved an ordinance for a $30 wheel tax to help offset costs on road repairs. City officials estimate the tax would generate $800,000 per year.

They said they would not implement the 2% tax currently presented before them as counselors. Both candidates have other approaches to the budget: responsible spending. Sharon Owens, another ...